Flat 2, 49
Flat 2, 49
Description & Estimates
According to the public record, Flat 2, 49, Madeira Park, Tunbridge Wells is a period leasehold apartment with 618 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 49, Madeira Park, Tunbridge Wells is £271,620 and the estimated rental value is £1,420 per month.
The apartment is within 49, Madeira Park, Tunbridge Wells, TN2.
Madeira Park, Tunbridge Wells, TN2 is located in the borough of Tunbridge Wells within the TN2 postal district.
Our Data Sources
Flat 2, 49, Madeira Park, Tunbridge Wells has 31 entries in the Land Registry , most recently in June 2007 and a single entry in the EPC database dated March 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 2, 49, Madeira Park, Tunbridge Wells is in very good condition we estimate a sale value of £285,201 and a rental value of £1,491 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,607 and a rental value of £1,321 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, 49, Madeira Park, Tunbridge Wells has dropped by £3,825 (1.4%), while its estimated rental value has risen by £49 per month (3.4%). Based on current estimates, the property offers a gross rental yield of 6.3%.
Energy Efficiency
Flat 2, 49, Madeira Park, Tunbridge Wells has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Mar 2010.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 2, 49, Madeira Park, Tunbridge Wells was last sold on 1st June 2007 for £164,995 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since June 2007, the market for similar properties has risen by 55.4%.
- Sold Jun 2007£164,995
- Sold Oct 2004£118,000
- Sold May 1996£39,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 49, Madeira Park, Tunbridge Wells within a radius of 500 metres over the last 2 years.
The most recent example is 50D, Claremont Road, Tunbridge Wells, TN1 1TF, a leasehold flat which sold for £252,500 on the 7th February 2024.
Read more about house prices in TN2.
- Sold Feb 2024£252,500 | 2 Bed Flat50D, Claremont Road, Tunbridge Wells, TN1 1TF50D, Claremont Road, Tunbridge Wells, TN1 1TF
- Sold Dec 2023£257,500 | 2 Bed Flat22C, Guildford Road, Tunbridge Wells, TN1 1SW22C, Guildford Road, Tunbridge Wells, TN1 1SW
- Sold Jun 2023£297,000 | 2 Bed FlatFlat 1, 2, Berkeley Place, Tunbridge Wells, TN1 1YNFlat 1, 2, Berkeley Place, Tunbridge Wells, TN1 1YN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Madeira Park, Tunbridge Wells, TN2 has a total of 80 addresses. According to our analysis of all the public data, Flat 2, 49, Madeira Park, Tunbridge Wells is the 63rd largest and the 64th most expensive property on the street.
When compared to the postcode district it is £250k less expensive than the average property in TN2.
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Schools Nearby
- 500mClaremont Primary School
- 900mSt Peter's Church of England Primary School
- 1.0kmBroadwater Down Primary School
- 2.0kmThe Skinners' School
- 2.2kmTunbridge Wells Girls' Grammar School
- 2.2kmBennett Memorial Diocesan School
More reading links
Public Transport Nearby
The closest station to Flat 2, 49, Madeira Park, Tunbridge Wells is Tunbridge Wells station, which is 600 metres away.
- 600mTunbridge Wells
- 2.8kmHigh Brooms
- 3.2kmFrant
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
